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  • July 25, 2012

    The World Bank reports that the Palestinian economy is facing its worst crisis since 1994, noting that the recent growth rate of 7.7% between 2007 and 2011 is insufficient to run a state because ...

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  • April 28, 1995

    In Morocco, OPIC announces creation of Middle East and North Africa Investment Fund. Capital for fund will come fr. U.S. private firms, be guaranteed by OPIC. Fund will encourage private sector...

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The World Bank reports that the Palestinian economy is facing its worst crisis since 1994, noting that the recent growth rate of 7.7% between 2007 and 2011 is insufficient to run a state because it is overly contingent on donor aid. The report says that sustainable growth can only be met through increased trade and private sector growth, which are hampered by restrictions imposed by Israel. Separately, UN special coordinator for the Middle East peace process Robert Serry warns that the PA is facing insolvency and has been late paying government salaries because donors have failed to fulfill pledges. (WP 7/26)

IDF troops make a brief incursion into s. Gaza to level land and clear lines of sight along the border fence e. of Khan Yunis. In the West Bank, the IDF conducts late-night patrols in Jericho. Jewish settlers fr. Shilo settlement nr. Ramallah beat 4 Palestinian farmers attempting to reach their crop land nearby; the IDF observes but does not intervene. (PCHR 7/26, 8/2; OCHA 8/3)

In Morocco, OPIC announces creation of Middle East and North Africa Investment Fund. Capital for fund will come fr. U.S. private firms, be guaranteed by OPIC. Fund will encourage private sector investment in self-rule areas, Egypt, Israel, Jordan, Morocco, Tunisia; will focus on tourism, real estate, communications, consumer products, pharmaceuticals, high tech; will not replace Middle East Development Bank. (MM 4/27; al-Hayat 4/30)

PA begins training 6,000 teachers on census taking, verifying and updating voter lists received fr. Israel 4/4. (VOP 4/26 in FBIS 4/26)

PLO files official protest with UN over Israeli confiscation of 134 acres in Jerusalem. (VOP 4/29 in FBIS 5/1) (see 4/27)

497 Islamist and nationalist leaders fr. around the Muslim world issue "Statement of Support and Solidarity" for Hamas in its struggle to "liberate Palestine," warn Arafat not to detain Islamists. Statement run twice on 2-page ad in al-Hayat. (MM 5/5)

1 Scottish, 2 Israeli pathologists say Palestinian who died in Shin Bet custody 4/25 is "first absolutely clear-cut case where there can be no debate that this is a death as the result of torture and nothing else." Shin Bet official comments: "As much as it is unpleasant . . . we don't need to change the general rules." (MM 4/28; WP 4/29; NYT 5/1; WP 5/4; JP 5/6; MEI 5/12)